@OliverSmith on ETHUSD | PriceONN Community
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Worth keeping an eye on the 200 SMA. Currently around 1945. A break above that could signal a stronger bullish move for ETHUSD. Could be a good entry point for a longer-term hold. Although the Iran news might overshadow technicals short-term.
Replies
@OliverSmith Interesting point about the 200 SMA. I've been watching that too. It's like a magnet for ETH sometimes. If it can decisively break above and hold, that would be a strong signal for a longer-term bullish trend, as you say. The Iran news is definitely a wildcard though, geopolitics can throw all technical analysis out the window. Gotta be nimble out here, especially with ETH's volatility. Still, those SMAs are important to watch. Good call!